Civic Intelligence

Receptions for Research - the Greg Olsen Foundation Inc.

990 • Fiscal year 2018 • EIN 27-0843891

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

200 E Las Olas Blvd Ste 1550Ft Lauderdale, FL 33301

(407) 401-4534

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

27th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

27th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

28th percentile

-5.2%

Higher net margin than 28% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

53rd percentile

$12,000

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

8th percentile

-25%

Faster asset growth than 8% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

34th percentile

-3.2%

Faster revenue growth than 34% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Down

$124,667

Down $41,398 (-25%) from 2017

Net Assets

Down

$124,667

Down $41,398 (-25%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Down

$795,909

Down $26,083 (-3.2%) from 2017

Expenses

Down

$837,307

Down $20,797 (-2.4%) from 2017

Net Income

Down

-$41,398

Down $5,286 (-15%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$2.0M$0-$2.0M-$4.0MAssets 2010: $94,667Liabilities 2010: $0Net Assets 2010: $94,6672010Assets 2011: $113,519Liabilities 2011: $552Net Assets 2011: $112,9672011Assets 2012: $72,288Liabilities 2012: $35Net Assets 2012: $72,2532012Assets 2013: $85,051Liabilities 2013: $15Net Assets 2013: $85,0362013Assets 2014: $126,346Liabilities 2014: $0Net Assets 2014: $126,3462014Assets 2015: $140,854Liabilities 2015: $0Net Assets 2015: $140,8542015Assets 2016: $202,177Liabilities 2016: $0Net Assets 2016: $202,1772016Assets 2017: $166,065Liabilities 2017: $0Net Assets 2017: $166,0652017Assets 2018: $124,667Liabilities 2018: $0Net Assets 2018: $124,6672018Assets 2019: $142,438Liabilities 2019: $4,922Net Assets 2019: $137,5162019Assets 2020: $425,597Liabilities 2020: $1,790,000Net Assets 2020: -$1,364,4032020Assets 2021: $245,684Liabilities 2021: $990,000Net Assets 2021: -$744,3162021Assets 2022: $536,599Liabilities 2022: $621,445Net Assets 2022: -$84,8462022Assets 2023: $801,488Liabilities 2023: $2,160,986Net Assets 2023: -$1,359,4982023Assets 2024: $986,165Liabilities 2024: $3,180,335Net Assets 2024: -$2,194,1702024

Highlighted filing

2018

Assets$124,667
Liabilities$0
Net Assets$124,667

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$2.0M$0-$2.0MExpenses 2010: $75,7582010Expenses 2011: $96,4912011Expenses 2012: $148,1082012Revenue 2013: $341,270Expenses 2013: $328,487Net Income 2013: $12,7832013Revenue 2014: $299,946Expenses 2014: $258,636Net Income 2014: $41,3102014Revenue 2015: $503,430Expenses 2015: $488,922Net Income 2015: $14,5082015Revenue 2016: $772,295Expenses 2016: $710,972Net Income 2016: $61,3232016Revenue 2017: $821,992Expenses 2017: $858,104Net Income 2017: -$36,1122017Revenue 2018: $795,909Expenses 2018: $837,307Net Income 2018: -$41,3982018Revenue 2019: $662,551Expenses 2019: $644,702Net Income 2019: $17,8492019Revenue 2020: $553,897Expenses 2020: $115,816Net Income 2020: $438,0812020Revenue 2021: $766,582Expenses 2021: $146,495Net Income 2021: $620,0872021Revenue 2022: $1,228,890Expenses 2022: $569,420Net Income 2022: $659,4702022Revenue 2023: $1,460,697Expenses 2023: $2,735,349Net Income 2023: -$1,274,6522023Revenue 2024: $1,345,731Expenses 2024: $2,180,403Net Income 2024: -$834,6722024

Highlighted filing

2018

Revenue$795,909
Expenses$837,307
Net Income-$41,398
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$890,482
Mission and Program Overview

Mission

The greg olsen foundation was established in 2009 to provide hospitals, doctors and scholars the resources necessary to enhance the lives of those affected by various forms of cancer and cardiovascular diseases or disorders. We partner with local and national organizations in our pursuit to discover a cure for these debilitating diseases. It's our goal to make sure everyone has a second chance in life.

Provide the resources necessary to enhance the lives of those affected with debilitating diseases.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$156,840$116,592▼ $40,248
Accounts Receivable-$5,000-
Intangible Assets$9,225$3,075▼ $6,150
Total Assets$166,065$124,667▼ $41,398
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$166,065$124,667▼ $41,398
Total Net Assets Fund Balance$166,065$124,667▼ $41,398
Total Liabilities and Net Assets / Fund Balance$166,065$124,667▼ $41,398
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Deborah DooleyControllerPT$12,000$12,000

Board Members and Trustees

NameTitle
Gregory W OlsenFounder/chairman
Amy Levine DawsonBoard Member
Donald RobbinsBoard Member
Doug PorterBoard Member
Jason ChamberlainBoard Member
Jose ArmarioBoard Member
Kristen McculloughDirector of Communications
Susan OlsenDirector of Community Outr
Christian OlsenExecutive Director
Kara OlsenC-founder
Revenue and Support

Revenue Composition

Contributions and Grants
$776,239
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$19,670
All Other Contributions
$604,877
Change in Net Assets
$-41,398

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table375$29,716Fair Market Value (FMV)
Total Noncash Contributions375$29,716-

Audited Revenue Reconciliation

Revenue per Audited Statements
$795,909
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$94,573
Total Revenue per Audited Statements
$890,482
Total Revenue per Form 990
$795,909
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$770,000
Other Expenses$55,307
Total Fundraising Expense$27,984
Salaries, Compensation, and Employee Benefits$12,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$770,000--$770,000
Current Officers, Directors, Trustees, and Key Employees-$12,000-$12,000
Fees for Services Other-$10,500-$10,500
Information Technology-$7,684$853$8,537
Office Expenses-$1,629-$1,629
Other Expenses-$300$623$923
Insurance-$467-$467
Total Functional Expenses$770,000$39,323$27,984$837,307

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$931,880
Expenses per Audited Statements$837,307
Total Expenses per Form 990$837,307
Expenses Not Reported on Form 990$94,573
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Carolina Healthcare FoundationCharlotte, NC501(c)(3)Care for Families With Hospitalized Children$770,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$114,243
Fundraising Direct Expenses$94,573
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$151,896$60,759$47,679$13,080
Man of the Yaer$88,709$35,484-$35,484
Total Events$285,605$114,243$94,573$19,670
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-FOUNDER'S SISTER IN-LAWCompensation for Public Relations and MarketingNo$12,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Chris olsen, executive director (brother to founder, son of director); kara olsen, board chair (wife to founder); sue olsen, director (mother to founder, mother to executive director); kristen mccollough, director of communications (founder's sister in-law).

Form 990, Part VI, Section B, Line 11B

Distributed to board members prior to filing.

Form 990, Part VI, Section B, Line 12C

Organization requires that potential conflicts of interest be disclosed annually and on an ongoing basis.

Form 990, Part VI, Section C, Line 19

Any request for the documents will be honored.

Filing and Contact Details

Filer

Filer Name
Receptions for Research
EIN
27-0843891
Phone
4074014534
Address
200 E LAS OLAS BLVD STE 1550, FT LAUDERDALE, FL 33301

Signing Officer

Name
Greg Olsen
Title
Founder
Phone
4074014534
Signed
2019-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Greg Olsen
Formed
2009
Legal Domicile
Il
Voting Board Members
11
Independent Board Members
10
Employees
0
Volunteers
50

Preparer

Firm
Game Plan Financial Inc
Address
2401 NW BOCA RATON BLVD, BOCA RATON, FL 33431-6639
Preparer
Arthur J Hurley
Phone
5619531510
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The foundation has been recognized by the internal revenue services ("irs") as an organization that is exempt from federal income taxes under internal revenue code ("irc") section 501(c)(3) and is further classified as a public charity under irc section 509(a)(2). No provision has been made for income taxes in the financial statements. Furthermore, the foundation believes that is has appropriate support for any tax position taken, and as such, does not have any uncertain tax positions. Generally, the foundation is no longer subject to u.s. Federal income tax examinations by tax authorities for three (3) years from the date of filing.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

EVENT EXPENSES 94,573.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

EVENT EXPENSES 94,573.

Raw XML AppendixShowing 400 of 477 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MissionDesc0THE GREG OLSEN FOUNDATION WAS ESTABLISHED IN 2009 TO PROVIDE HOSPITALS, DOCTORS AND SCHOLARS THE RESOURCES NECESSARY TO ENHANCE THE LIVES OF THOSE AFFECTED BY VARIOUS FORMS OF CANCER AND CARDIOVASCULAR DISEASES OR DISORDERS. WE PARTNER WITH LOCAL AND NATIONAL ORGANIZATIONS IN OUR PURSUIT TO DISCOVER A CURE FOR THESE DEBILITATING DISEASES. IT'S OUR GOAL TO MAKE SURE EVERYONE HAS A SECOND CHANCE IN LIFE.
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IRS990/PYContributionsGrantsAmt0858441
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0810000
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt036104
IRS990/PYOtherRevenueAmt0-36449
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-36112
IRS990/PYSalariesCompEmpBnftPaidAmt012000
IRS990/PYTotalExpensesAmt0858104
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0821992
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-41398
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt0276716
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt0375745
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt0246011
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt025000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt063181
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0986653
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0776240
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0858441
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0854415
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0498574
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0342879
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03330549
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.70380
IRS990ScheduleA/PublicSupportPY509Pct00.70240
IRS990ScheduleA/PublicSupportTotal509Amt02343896
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0276716
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0375745
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0246011
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt025000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt063181
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0986653
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0776240
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0858441
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0854415
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0498574
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0342879
IRS990ScheduleA/Total509Grp/TotalAmt03330549
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0776240
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0858441
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0854415
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0498574
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0342879
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03330549
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt094573
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0837307
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt094573
IRS990ScheduleD/OtherRevenueAmt094573
IRS990ScheduleD/RevenueNotReportedAmt094573
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0795909
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICES ("IRS") AS AN ORGANIZATION THAT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE ("IRC") SECTION 501(C)(3) AND IS FURTHER CLASSIFIED AS A PUBLIC CHARITY UNDER IRC SECTION 509(A)(2). NO PROVISION HAS BEEN MADE FOR INCOME TAXES IN THE FINANCIAL STATEMENTS. FURTHERMORE, THE FOUNDATION BELIEVES THAT IS HAS APPROPRIATE SUPPORT FOR ANY TAX POSITION TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS. GENERALLY, THE FOUNDATION IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR THREE (3) YEARS FROM THE DATE OF FILING.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1EVENT EXPENSES 94,573.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2EVENT EXPENSES 94,573.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0837307
IRS990ScheduleD/TotalRevenuePerForm990Amt0795909
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0890482
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0931880
IRS990ScheduleG/AgrmtProfFundraisingActyInd00
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0171362
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt091137
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt053225
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt027000
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt094573
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0MAN OF THE YAER
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt017178
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt017178
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0151896
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt088709
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt045000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0285605
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt060759
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt035484
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt018000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0114243
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt019670
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt029716
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt029716
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt047679
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt047679
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt02
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt0770000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0CARE FOR FAMILIES WITH HOSPITALIZED CHILDREN
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1CHILDREN'S HEART PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2CANCER RESEARCH
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3MEDICAL RESEARCH
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4MEDICAL RESEARCH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CAROLINA HEALTHCARE FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0566060481
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0208 EAST BLVD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0CHARLOTTE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NC
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd028203
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0KRISTEN MCCOLLOUGH
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0FOUNDER'S SISTER IN-LAW
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt012000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0COMPENSATION FOR PUBLIC RELATIONS AND MARKETING
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt0375
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0SPORTS EQUIPMENT
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt029716
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CHRIS OLSEN, EXECUTIVE DIRECTOR (BROTHER TO FOUNDER, SON OF DIRECTOR); KARA OLSEN, BOARD CHAIR (WIFE TO FOUNDER); SUE OLSEN, DIRECTOR (MOTHER TO FOUNDER, MOTHER TO EXECUTIVE DIRECTOR); KRISTEN MCCOLLOUGH, DIRECTOR OF COMMUNICATIONS (FOUNDER'S SISTER IN-LAW).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DISTRIBUTED TO BOARD MEMBERS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ORGANIZATION REQUIRES THAT POTENTIAL CONFLICTS OF INTEREST BE DISCLOSED ANNUALLY AND ON AN ONGOING BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ANY REQUEST FOR THE DOCUMENTS WILL BE HONORED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/StatesWhereCopyOfReturnIsFldCd1FL
IRS990/StatesWhereCopyOfReturnIsFldCd2NC
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0166065

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$3.18$2.19$1.35$2.18$0.83
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.80$2.16$1.36$1.46$2.74$1.27
2022Detailed filing. Detailed filing data is available for this year.$0.54$0.62$0.08$1.23$0.57$0.66
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.25$0.99$0.74$0.77$0.15$0.62
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.43$1.79$1.36$0.55$0.12$0.44
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.14$0.00$0.14$0.66$0.64$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$0.80$0.84$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.17$0.00$0.17$0.82$0.86$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.20$0.00$0.20$0.77$0.71$0.06
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.14$0.00$0.14$0.50$0.49$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.13$0.00$0.13$0.30$0.26$0.04
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.09$0.00$0.09$0.34$0.33$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.00$0.07$0.15
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.00$0.11$0.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.00$0.09$0.08
Peer Organizations

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